Vincent has set a financial goal to purchase a home in five years. He wants a two-bedroom house with a small backyard in the north side of the city. He has $5,000 currently in his savings account. If he doesn’t deposit or withdraw any money, what type of savings account or savings bond should he choose? Keep in mind that he wants to have the most money in his account at the end of five years. 1. Using the scenario above, what type of savings account or savings bond should Vincent choose?

2. Which savings option is best for Vincent? Use the PACED decision-making method and show your work.

3. Conduct internet research, make phone calls to banks, or visit financial institutions to find the best account for Vincent. Provide the name of the financial institution and the account name. Describe how this option best benefits Vincent.

PLEASE HELP I WILL GIVE POINTS

Which of the following pairs is most similar to each other? a. barter goods and fiat money b. digital money and barter goods c. fiat money and digital money d. commodity money and digital money

1. all other things equal, according to the law of demand, when the price of a good falls, the demand for the good falls the demand for the good rises the quantity demanded of the good falls the quantity demanded of the good rises 2. when a market is in equilibrium, the quantity of the good that buyers are willing and able to buy exactly equals the quantity that sellers are willing and able to sell cannot be determined is less than the quantity that sellers are willing and able to sell is greater than the quantity that sellers are willing and able to sell 3. which of the following factors does not influence the demand for a good or service? consumer (buyer) income the price of related goods the number of sellers buyer expectations 4. when the number of sellers in a market increases, demand rises supply rises the price rises, all else equal the number of buyers falls

If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided